Gold has traded strong on the upside side due to escalation of Middle East - Tradebulls Securities Pvt Ltd
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GOLD
Gold has traded strong on the upside side due to escalation of Middle East. Buy on dips should be the strategy around 60900 for tgt of 61300 and stoploss of 60700.
CRUDE CHART
Crude Oil is looking at some profit booking after US lifted sanctions on Venezuela for 6 months. Crude oil is below 200 DMA so sell on rise near 7150 for tgt of 7050 and stoploss of 7220.
BASE METAL UPDATES
Base metals are trading mixed as yesterday’s weak European PMI was negative for base metals. Nickel continues to outperform while Aluminum continues to underperform.
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